Order : [Per Shri Ashok Jindal]

The appellant is in appeal against the impugned order.

2. The facts of the case are that the appellant is engaged in the manufacture of various excisable goods falling under Chapter 72 of the Central Excise Tariff Act, 1985 such as Wire Rods, TMT Bars, Angles, Rounds, and other variants of Wire Rod and TMT Bars. In addition to it, the Appellant also clears various scrap materials (after payment of excise duty) which are generated during the course

3. The Appellant acquired a steel plant at Patratu based on the order of the Hon‟ble High Court of Jharkhand in 2007, which was earlier a sick unit of Bihar Alloy Steel Limited („BASL‟). When the Appellant acquired the plant, they initially carried out the manufacturing activities with the old plant but soon it was felt that the old machineries in the plant were not viable for manufacturing and hence modernization was undertaken. Such factory had various divisions such as Wire Rod Mill, Bar Mill, Rebar Service Centre, Utility division, Fly Ash & Paver Bricks, Cooling Pond and Pig Iron Plant.

4. To carry out the erection, commissioning and installation of the capital goods for the purpose of modernization of t